Labor Report Names Silicon Valley the Hottest Job Market

Susan Hall

The San Jose-Sunnyvale-Santa Clara, Calif., area had the largest percentage year-over-year gain in employment among major metropolitan areas in June,  according to a report just released by the Bureau of Labor Statistics.

Employment there increased 3.8 percent, followed by Houston-Sugar Land-Baytown, Texas (+3.3 percent), and Austin-Round Rock-San Marcos, Texas (+3.1 percent).

The report slices the data a lot of different ways, giving various cities something to crow about. The home of Silicon Valley, of course, attributes its growth to tech, but also its effects on other businesses.

"Tech is surging. That surge is becoming more widespread," Jeffrey Michael, director of the Stockton-based Business Forecasting Center at University of the Pacific told

It was interesting to note that Cisco Systems, which in July announced plans to cut 1,300 jobs, posted 1,469  job ads in June, making it one of the most prolific hiring machines in the San Jose-Sunnyvale-Santa Clara area, according to the Silicon Valley-San Jose Business Journal. Other top employers, based on job ads, according to a report from the California Employment Development Department: Apple, Google, VMware and other tech companies.

Tech companies in San Francisco also helped propel the job market in San Francisco, including IBM and Salesforce.

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